1 / 4

Global Luxury Watches Market PR

The global luxury watches market is estimated to garner a revenue of USD 37.0 Billion by the end of 2035 by growing at a CAGR of ~4% over the forecast period, i.e., 2023 u2013 2035.

philip13
Download Presentation

Global Luxury Watches Market PR

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. GlobalLuxuryWatchesMarketGrowthtobePropelledbySurging Adoption of Social Media for Promotion by CAGR of ~4% During 2023 – 2035 Kenneth Research published a report titled “Luxury Watches Market: GlobalDemandAnalysis &OpportunityOutlook 2035”which delivers detailed overview of the global luxury watches market in terms of marketsegmentationbydistributionchannel,enduser,producttype,andby region. Further,for thein-depthanalysis, thereportencompasses theindustry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth ofthemarket. ThegloballuxurywatchesmarketisestimatedtogrowataCAGRof~4%

  2. over the forecast period, i.e., 2022-2031.Themarket issegmented by distributionchannelintoonline,andoffline.Outofthese,theonlinesegment is anticipated to hold the largest share over the forecast period owing to the rising adoption of e-commerce platforms for the purchaseof goods and servicesamong theconsumers. Formoreinformation’s@https://www.kennethresearch.com/report- details/luxury-watches-market/10075303 Surging adoption of social media for promotion is anticipated to surge thegrowthof thegloballuxurywatchesmarket. Moreover,rising demand for consumer electronic devices is further expected to boost thegrowthofthemarket. Geographically, the global luxury watches market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of them, the market in the America regionisprojectedtoholdthelargestmarketsharebytheendof2035onthe backoftherisingyoungergenerationwantsto beup todateon new technology, andluxurywatchesare apopularconcept amongthem. Moreover, an increasing population’s expenditure on a higher standard of livingisfurtherexpectedtoboostthegrowthofthemarketintheregion. The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil,Mexico,Argentina, Rest of Latin America), Asia-Pacific (China,India,Japan,SouthKorea, Indonesia, Singapore,Malaysia, Australia,NewZealand,RestofAsia-Pacific),MiddleEastandAfrica(Israel,

  3. GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, SouthAfrica,RestofMiddle EastandAfrica). Inaddition,analysis comprisingmarketsize,Y-O-Ygrowth &opportunityanalysis,market players’competitivestudy,investmentopportunities,demandforfuture outlooketc.hasalsobeencovered anddisplayed in theresearchreport. GrowingWorking WomentoDrivethe GrowthoftheMarket Intheyear2022, womenaccountedformorethan45percentoftheglobal workforce There has been an increase in the demand for luxury watches, followed by a surge in the number of working women across the globe. Moreover, women prefer diamond and gold encrusted watches owing to some kind of cultural respect.Hence, it isanticipatedtorise thegrowthofthegloballuxury watchesmarket. However, high cost for the manufacturing of luxury watches, the availability offraudulentluxurywatches,andhighfinalpricesoftheproductexpected tooperateaskeyrestrainttothegrowthofgloballuxurywatchesmarketover the forecast period. Thisreportalsoprovidestheexistingcompetitivescenarioofsomeofthekey playersofthegloballuxurywatches marketwhichincludescompany profilingofCasioComputerCo.,Ltd,Seiko WatchCorporation,Patek Philippe SA, The Swatch Group Ltd, Movado Group, Inc., Rolex SA, Hermes International,NettletonsJewellers,Citizen WatchCompany,Inc.,Fossil Group,Inc., andothers.The profilingenfolds keyinformationofthe companies which encompasses business overview, products and services, keyfinancialsandrecentnewsanddevelopments.Onthewhole,thereport

  4. depicts detailed overview of the global luxury watches market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholderstoaligntheirmarketcentricstrategiesaccordingtotheongoing andexpected trendsinthefuture. RequestReportSample@https://www.kennethresearch.com/sample- request-10075303 Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to takewisedecisionsfor theirfuturemarketingstrategy, expansionand investment etc. We believe every business can expand to its new horizon, providedarightguidanceatarighttimeisavailablethroughstrategicminds. Our out of box thinking helps our clients to take wise decision in order to avoidfutureuncertainties. ContactformoreInfo: AJDaniel Email: sales@kennethresearch.com U.S. Phone:+1 313462 0609

More Related